Home Table of Contents

§ 17-308.2. Notice of presumed abandoned property

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 17. Disposition of Abandoned Property (Refs & Annos)
Subtitle 3. Abandoned Property in this State (Refs & Annos)
MD Code, Commercial Law, § 17-308.2
§ 17-308.2. Notice of presumed abandoned property
Currentness
Not more than 120 days or less than 30 days before the filing of the report required under § 17-310 of this subtitle, the holder in possession of presumed abandoned property shall send a written notice by first-class mail to the apparent owner of presumed abandoned property valued at $100 or more to the owner's last known address informing the owner that:
(1) The holder is in possession of property subject to the provisions of this title; and
(2) The property will be considered abandoned unless the owner responds within 30 days of the notification to the holder.

Credits

Added by Acts 2003, c. 36, § 1, eff. July 1, 2003. Amended by Acts 2005, c. 34, § 1, eff. July 1, 2005.
MD Code, Commercial Law, § 17-308.2, MD COML § 17-308.2
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document